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BRIEF-Aareal Bank successfully places $625 mln mortgage pfandbrief
September 6, 2017 / 4:39 PM / 2 months ago

BRIEF-Aareal Bank successfully places $625 mln mortgage pfandbrief

Sept 6 (Reuters) - Aareal Bank Ag

* Says successfully places usd 625 million mortgage pfandbrief on capital market

* Says benchmark bond was issued with a coupon of 1.875 % and will be payable on maturity on 15 september 2020

* Says issue price was 99.666 %. Thus, pfandbrief has a 1.991 % yield

* Says since issue met with strong interest from national and international investors, order book volume exceeded usd 1 billion Source text for Eikon: Further company coverage: (Frankfurt newsroom)

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